Dubai, Slovenia Chambers of Commerce meet to discuss business relationship
In attendance at the meeting were Sultan bin Saeed Al Mansouri, UAE minister of economy; Zdravko Pocivalsek, minister of development and technology, Republic of Slovenia; Majid Al Ghurair, chairman; and Hamad Buamim, president and CEO, Dubai Chamber. Additionally, a contingent of 200 strong government and business representative from Slovenia and a group of business representatives from the UAE attended.
“In recognition of Slovenia’s prime importance as an economic partner, the UAE has entered into various accords with its government such as a bilateral agreement avoiding double taxation on income and has co-signed an agreement to reinforce economic and technical cooperation in order to establish the institutional and legal framework of joint economic, trade and investment relations and pave the way for further cooperation relations between the two countries,” Al Mansouri said.
Al Mansouri noted that non-oil trade between the UAE and Slovenia reached $63.4 million last year. While that is a strong number, Al Mansouri added that there is much room for growth. He believes opportunities for trade growth can be developed in tourism, infrastructure, transport, investments, information technology and innovation.
Pocivalsek spoke at the event, as well, talking about the importance of the two countries’ relationship.
“Our visit to the UAE is very important for strengthening the traditionally good ties between Slovenia and the UAE and to continue what we have started last year,” he said. “This is our first-ever Trade and Investment Mission to the UAE with an aim to develop commercial networks and trade with UAE partners and the Slovenian international trade delegation.”